ndustry Advisory Committees
The Office of Insurance Commissioner (“OIC”) is required by law to set up two industry advisory committees (“OICCs”) to advise it on matters in relation general business .
Members of the two OICCs come from different lines of business with expertise within the insurance industry, as well as from related fields such as accounting, insurance law, academia, banking, management and medical. They are appointed by the Department of Treasury (DoT) after consultation with the OIC.
OICC on General Business